BitMine Immersion Technologies purchased $199 million worth of Ether in two transactions, expanding its total holdings to approximately $11.3 billion. The firm now controls 3.08% of all ETH in circulation and continues advancing toward its 5% ownership target.

Ripple transferred 250 million XRP to an unidentified wallet, reducing tokens available in immediate selling zones. XRP has formed a potential double-bottom pattern near $1.99, with the $2.2443 level serving as the key resistance for a move toward $2.50. Exchange reserves fell 2.51% while funding rates surged over 460%, according to CryptoQuant data.

Jupiter Exchange withdrew marketing statements about its lending protocol after acknowledging the use of asset recollateralization. COO Kash Dhanda admitted prior claims of zero contagion risk were inaccurate. Competitor Kamino Finance blocked Jupiter Lend's migration tool in response to the controversy. JUP token traded at $0.23 on December 7, 2025, reflecting a 33.06% decline over 30 days.

BitMine purchased more than 64,000 ETH valued at approximately $200 million across two transactions on December 5-6, according to blockchain data. The acquisitions, processed through BitGo and FalconX, bring the firm's total Ethereum holdings to 3.73 million ETH—worth over $11 billion at current prices. The company now ranks as the second-largest corporate cryptocurrency holder after MicroStrategy.

A CoinTab dataset shows 73% of publicly tracked Bitcoin-holding companies carry debt, with 39% owing more than their BTC is worth. When Bitcoin dropped from $122,000 to $107,000 on October 10, 84% of these firms saw share prices decline by an average of 27%. The data exposes structural vulnerabilities tied to leverage and volatile treasury assets among corporate BTC holders.

Bitcoin's December downturn has brought the cryptocurrency to a critical support level at $82,000. Data show this price point marks the convergence of spot ETF average purchase costs and the True Market Mean for active investors. Market analyst Burak Kesmeci noted on December 5 that price action around this threshold will determine the asset's near-term direction.

Western Union is building blockchain payment infrastructure on Solana, including its own stablecoin and digital wallet system. The money transfer company is targeting high-inflation markets where traditional currencies rapidly lose purchasing power. The firm's Digital Asset Network is scheduled to launch in the first half of 2025.

Terra Luna Classic surged 90% within 24 hours, ranking second among trending tokens on CoinMarketCap. Short liquidations exceeded $5.19 million over 12 hours, while the weekly token burn rate reached 427 billion LUNC. The rally broke a month-long descending channel but faced rejection near $0.00007088, a level last seen in July.